NOT LISTED FOR SALE

5215 NW Jetty Ave Lincoln City, OR 97367

Estimated Value: $1,142,151 - $1,391,000

7 Beds
3 Baths
2,832 Sq Ft
$456/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $680,000 $240 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,940/month

68 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • Furnished

About This Home

As of June 2018

Panoramic ocean views from this spacious 7 bedroom/3 bathroom home! Currently a successful vacation rental with gross rents for 2017 at just under $81,000. Home is being sold turn-key and fully furnished! Two large ocean view decks, three gas fireplaces, ocean view hot tub, vaulted ceilings, wood floors in the kitchen & dining area and updated bathrooms. Buyer to honor all future bookings pending VRD Permit approval.
Additional financials available upon request.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 02/15/2018

Co-Listed By

B. Kelly Colkitt

Taylor & Taylor Realty Company

Last Buyer's Agent

Out of Area

OUT OF AREA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,968

Year Built

  • Built in 1952

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Ocean Front
  • Property is zoned R-1-A Residential

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,832 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Barrigar Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 061134DD-700-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,968

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.11
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Barrigar
  • Directions: HWY 101 to Logan Road. Logan Road to NW 50th Street, left on 50th St. Right onto NW Jetty Avenue to property, two blocks on left hand side.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1952
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.11
  • Location Tax and Other Information:Tax Lot: 700
  • General Property Description:Total Bedrooms: 7
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 50 x 100
  • Location Tax and Other Information:Subdv ParcelLot: 1
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • Sewer:City Property2: Yes
  • Siding:Concrete Composite: Yes
  • Miscellaneous Possession: Negotiable
  • Miscellaneous Flood Plain: Flood Plain Addendum Required
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 7
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Water Source: City Property
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 061134DD-700-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 10968.37
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2019
Sold by
Saxon Marcus A
Bought by
Lcwhite Caps Llc
Current Estimated Value
$1,290,788

Purchase Details

Listed on
Feb 15, 2018
Closed on
Jun 27, 2018
Sold by
Holmes Thomas L and Holmes Kathi
Bought by
Saxon Marcus A
Seller's Agent
Dennis Regen
Taylor & Taylor Realty Company
Buyer's Agent
Out of Area
OUT OF AREA
List Price
$689,000
Sold Price
$680,000
Premium/Discount to List
-$9,000
-1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$510,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2013
Sold by
Corson Casey D and Corson Kenneth F
Bought by
Holmes Thomas L and Holmes Kathi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2010
Sold by
Moore Daniel L and Moore Karen Anne
Bought by
Corson Casey D and Corson Kenneth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.51%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 31, 2005
Sold by
Holmes Thomas L and Holmes Kathy
Bought by
Moore Daniel L and Moore Karen Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lcwhite Caps Llc -- None Available
Saxon Marcus A -- None Available
Holmes Thomas L $479,690 First American Title Ins Co
Corson Casey D $450,000 First American Title Ins Co
Moore Daniel L $762,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saxon Marcus A $510,000
Previous Owner Holmes Thomas L $350,000
Previous Owner Corson Casey D $425,000
Previous Owner Moore Daniel L $359,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $680,000 -1.3% $240 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $689,000 -- $243 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,800 $815,540 -- --
2023 $13,419 $791,790 $0 $0
2022 $13,045 $768,730 $0 $0
2021 $12,425 $746,340 $0 $0
2020 $12,086 $724,610 $0 $0
2019 $11,725 $703,510 $0 $0
2018 $11,423 $683,020 $0 $0
2017 $10,968 $663,130 $0 $0
2016 $10,285 $643,820 $0 $0
2015 $10,055 $625,070 $0 $0
2014 $9,348 $606,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Regen

    Seller's Agent in 2018

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    632 Total Sales

    Dennis Regen
    Section Image

  • B

    Seller Co-Listing Agent in 2018

    B. Kelly Colkitt

    Taylor & Taylor Realty Company

  • O

    Buyer's Agent in 2018

    Out of Area

    OUT OF AREA

See All Agents

Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 18-382

APN: R258045

Oregon Lincoln County Lincoln City 97367

5215 NW Jetty Ave, Lincoln City, OR

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